The TransAtlantic Business Dialogue (TABD) offers an effective framework for enhanced cooperation between the transatlantic business community and the governments of the European Union and United States.

What's Happening
3rd Meeting of the Transatlantic Economic Council
  
TABD TEC Press Release  
  
In their role as official Advisors to the Transatlantic Economic Council (TEC), the Co-Chairs of the Trans-Atlantic Business Dialogue, James Quigley (Deloitte) and Jürgen Thumann (Heitkamp & Thumann), participated in today’s meeting of the TEC. Noting the unprecedented challenges posed by the current financial and economic crisis, they urged the United States Government and the European Commission to enhance the political ambition of the TEC and to use regulation in a positive way to stimulate economic growth and recovery.
    
TABD Letter to TEC Co-Chairs Verheugen and Price
Annex to TABD Letter to TEC
TEC Progress Report  
  
The Transatlantic Economic Council (TEC) held its third meeting on December 12, 2008. During its session with the TEC Advisory group, TABD shared its views on the progress of the TEC thus far and urged the US-EU economic dialogue to use regulation in a positive way to stimulate growth and recovery.
  
  
World Financial Summit
    
TABD welcomes World Financial Summit, and calls for stronger international cooperation in financial markets.
   
TABD World Financial Summit Press Release
    

The Trans-Atlantic Business Dialogue (TABD) welcomes the initiative for a Summit on the Financial Markets and the World Economy to be held in Washington on November 15, 2008. Coordination among the G20 nations is essential in addressing the challenges facing the global economy and reforming the global financial system to ensure greater financial stability worldwide. The planned series of meetings represents a welcome continuation of the coordination of emergency measures among the G7, the G20, the EU and the IMF member countries in mid-October this year.

 

Stakeholder Collaboration

    November 24, 2008
  • Demystifying the US Executive Branch Transition Process: The View from Inside Commerce and USTR
    •      
    On November 24th, the TransAtlantic Business Dialogue hosted a roundtable discussion for European trade and economic counselors and TABD guests on the political transition to the new U.S. administration.
        roundtable_1
        
    featuring
          
    Michelle O'Neill
    Deputy Under Secretary of Commerce for International Trade
         
    Chris Wilson
    Assistant United States Trade Representative for Europe and the Middle East
         
    Grant Aldonas
    Former Under Secretary of Commerce of International Trade
      
    The panel of 2 senior-level government officials as well as a former political appointee described the process of the transition, from preparing briefing books to coordinating with the transition teams to working with new political appointees. The transition was thus broken down into 2 transitions: the current transition following the election when the transition coordinators work within the agencies to prepare cabinet nominations and a 2nd transition with the arrival of the new cabinet members. Generally, the transition might be characterized as a personnel exercise; however, it is also the first step from campaigning to governing, with the obligation to mediate expectations and current circumstances. Given the present economic instability, the panelists identified an overall consensus regarding the need for a smooth transition at both the high- and subcabinet levels.
       
    Transition Roundtable Announcement
    Transition Roundtable Agenda
    November 21, 2008
  • Outlook and Outcomes for the G-20 Summit Process
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    Luncheon briefing with The Honorable David McCormick,
    Under Secretary of the Treasury for International Affairs
       mccormick
    On November 21st, Under Secretary of Treasury David McCormick spoke with TABD and USCIB guests about the purpose and outcomes of the G20 Leaders Summit on Financial Markets and the World Economy. Mr. McCormick described the process of the US Administration's planning of the meeting leading up to November 15th. Additionally, he detailed the outcomes of the meeting, including a short-term set of actions to deal with the present crisis, a reform agenda with specific action points as well as a general statement to set a tone in favor of free trade. He also shared his projections for the next steps following on the Declaration of the Summit on Financial Markets and the World Economy.
      
    TABD USCIB Luncheon Briefing Announcement